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Token ARB

Dec 13, 2024

Auto generation

Whale further withdrew 1.31M ARB ($1.38M) from Binance

Inflow

Total tokens transferred

Token ARB

1.311M

ARB

Whale 0x61d just withdrew another 1.311M ARB ($1.38M) from Binance:

 

Notably:

  • The whale has withdrawn 6.727M ARB from Binance and Bybit at an average price of $1.149 (estimated cost: $7.73M) in the past 5 days, now incurring an unrealized loss of $650K (-8.41%).
  • Currently, the whale supplies 5.43M ARB to Aave to borrow 2.6M USDT, which has been deposited to Binance right afterward, possibly buying more ARB. This suggests that the whale is going long on ARB.

 

Fig 1. The overall ARB accumulating history of Whale 0x61d.

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#loss
#unrealized